Car enthusiasts are getting a once-in-a-lifetime chance to buy a unique one-off four-year-old British sports car, and it could cost them hundreds of thousands of pounds. The Bristol Bullet roadster is among items being disposed of by joint liquidators of Britsol Cars, which folded earlier this year. Jeremy Frost and Patrick Wadsted of Frost Group Ltd appointed as Joint Liquidators, have … [Read more...]
Retail
BREAKING NEWS: Gordon Murray T50 supercar revealed
Gordon Murray’s T50 Supercar has been revealed. Just 100 versions of the £2.36 Million ex-works made to measure three-seater with gull-wing doors will be available from January 2022 and they are expected to be snapped up. The model celebrates Gordon Murray’s 50 years in motor sport and road car design and engineering business which has seen him working at the sharp end of F1 and then use his … [Read more...]
Hybrids are mystery to a third of drivers
A survey by DesperateSeller.co.uk has revealed that 30.9% of UK consumers simply don’t understand hybrid cars. A poll on the used car website in July 2020 asked “What is a hybrid car?” and gave three options: a) One that can use at least two means of propulsion; b) One that does NOT have an internal combustion engine; and c) One that can run on both petrol and diesel fuels. Of 1,190 … [Read more...]
Newslines 4 August
Ferrari earnings have skidded because of supply chain and coronavirus pandemic issues. Earnings fell 60% to £111,680,000 in Q2 but the full year sales are expected to dramatically pick up by spring 2021 and be at the lower end of their original forecast or about £30 Billion. Fuel price rises recorded by the RAC this week will wipe out savings from cheaper insurance premiums as a result of the … [Read more...]
Newslines 3 August
A bidder on Car & Classic Auction has secured a rare Mk1 Volkswagen Golf GTI for £21,500 - some £1,230 more than they could have bought a brand new 20-plate Golf. The 1983 Golf GTI was listed on Car & Classic Auction for seven days and by day three had already exceeded its estimate of £11,500 to £13,500, although it’s no ordinary Golf GTI, it’s a genuine Pirelli edition Golf GTI that has … [Read more...]
£2 Billion cycle-plan ignores vital deliveries
London’s protected cycleways will be rolled out to other English cities in a £2 Billion programme, but it’s already raised concerns in the logistics sector. In response to the government’s package of announcements made 28 July 2020 on urban road use, Natalie Chapman, Head of Urban Policy at Logistics UK, formerly FTA, said, “The government’s plans present an opportunity to make cycling a more … [Read more...]
Hyundai charge into the ev lead on cost
ChooseMyCar has taken a look at how much it costs to charge each EV currently on the market, as well as their electric range in miles to calculate which EV’s are the cheapest to drive and charge. Taking the top spot for the cheapest car to drive is the Hyundai IONIQ Electric, which has a range of 155 miles on a fully charged 40.4 kWh battery, which works out at a cost of £5.81 for a full charge … [Read more...]
Newslines 31 July
The cost of insuring a car has decreased by £80 over the past six months, according to new data from comparethemarket.com. It now costs an average of £1,182 to insure a car for those aged between 17-24 and while premiums have historically fluctuated throughout the year, average premiums remain significantly lower than the same time last year and are now at their lowest levels since 2015 for the … [Read more...]
Car dealers are optimistic of recovery
The UK motor industry has been hit hard by Covid-19, but car dealers are optimistic about the future of the sector. New research from the Britain Under the Bonnet report, from Close Brothers Motor Finance, reveals that short term confidence plummeted during April, but medium to long term optimism has begun to improve. At the beginning of 2020, 98% of car dealers were confident about business … [Read more...]
Tradelines 29 July
Sixty apartments costing up to £1.65M will be built overlooking the Silverstone GP racing track and come complete with a clubhouse and leisure facilities. The leasehold apartments with balconies will be fully managed and can be rented out when not in use by their owner who will benefit from access to all major meetings from May 2022. The UK’s Financial Conduct Authority will ban … [Read more...]